World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
Ameresco completes 18.6 MW solar facility in Frederick, Maryland Updated On Sat, Jun 18th, 2016 by Saurenergy Ameresco has announced that it has completed 18.6 megawatt (MW) direct current (15.0 MW alternating current) solar facility located at the U.S. Army Garrison Fort Detrick Army installation in Frederick, Maryland. The large-scale solar project, now operational, is comprised of 59,994 solar panels installed across 67 acres of land throughout Area B at Fort Detrick. […] Read more
India and US signs MoU to enhance cooperation on energy security, clean energy & climate change Updated On Fri, Jun 3rd, 2016 by Saurenergy Indian government and US signed Memorandum of Understanding ( MoU) on 2nd June, 2016, to enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement and joint initiatives for promoting sustainable growth. These activities are intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer, […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
CalPERS buys ownership stake in 550-megawatt solar plant in Riverside County Updated On Sat, Mar 26th, 2016 by Saurenergy The California Public Employees’ Retirement System (CalPERS) has announced that it would acquire up to a 25 percent stake in the 550-megawatt solar plant in Riverside County. The Riverside County solar farm was world’s largest solar project when it opened last year. CalPERS’ investment in the farm is seen as welcome news in the industry […] Read more
Bengal to Flaunt its First Solar Powered Village Updated On Wed, Dec 30th, 2015 by Saurenergy It’s a festivity time for the general population of Pandri, as the town in the Purulia district of West Bengal surviving with zero-power probability gets a ray of light to their houses. The town has been recently introduced with first solar controlled power plant which brings up a further recognition of being the first in […] Read more
India, France Jaws on Solar Energy Alliance Updated On Tue, Dec 1st, 2015 by Saurenergy Prime Minister Narendra Modi and French President Francois Hollanden are launching an International Solar Alliance, target to bring up clean and affordable solar energy within the reach of all. The launch of International Solar Alliance will coincide with the 12 days world leaders’ conference of climate changes in Paris, to seek new global deals on […] Read more
SaurEnergy Explains: Understanding Carbon Offsets, Carbon Credits, and RECs Updated On Tue, Jan 7th, 2025 by Saurenergy While carbon credits, carbon offsets, and RECs all serve as tools to address environmental impact, they operate differently within the sustainability landscape. Understanding the distinctions between carbon offsets, carbon credits, and renewable energy certificates (RECs) is essential for grasping how organizations strive to mitigate their environmental impact. Knowledge of these distinctions also helps organizations and […] Read more
IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
